Can I retire at age 65 with 746,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $746,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$61,604$61,055$60,520$59,997$59,487$58,574
2 years$30,497$29,929$29,379$28,845$28,327$27,409
3 years$20,129$19,559$19,010$18,481$17,972$17,078
4 years$14,947$14,378$13,834$13,315$12,818$11,955
5 years$11,838$11,272$10,736$10,227$9,744$8,914
6 years$9,766$9,205$8,676$8,179$7,710$6,915
7 years$8,286$7,730$7,210$6,724$6,270$5,509
8 years$7,177$6,626$6,115$5,641$5,202$4,475
9 years$6,315$5,769$5,267$4,805$4,381$3,688
10 years$5,626$5,085$4,592$4,142$3,733$3,074
11 years$5,062$4,527$4,042$3,604$3,210$2,584
12 years$4,593$4,063$3,587$3,162$2,782$2,188
13 years$4,196$3,672$3,205$2,791$2,426$1,863
14 years$3,857$3,338$2,880$2,478$2,126$1,594
15 years$3,562$3,049$2,600$2,210$1,872$1,369
16 years$3,305$2,798$2,357$1,979$1,655$1,180
17 years$3,078$2,576$2,145$1,778$1,467$1,020
18 years$2,877$2,381$1,958$1,602$1,305$883
19 years$2,697$2,206$1,793$1,448$1,163$767
20 years$2,535$2,050$1,645$1,311$1,039$667
21 years$2,389$1,910$1,513$1,190$929$580
22 years$2,257$1,783$1,395$1,082$833$506
23 years$2,136$1,667$1,288$985$748$442
24 years$2,025$1,562$1,191$899$672$386
25 years$1,923$1,466$1,103$821$605$338
26 years$1,830$1,378$1,023$750$545$295
27 years$1,743$1,297$950$687$491$259
28 years$1,663$1,222$883$629$443$227
29 years$1,588$1,153$822$577$400$199
30 years$1,519$1,089$766$530$362$174
31 years$1,454$1,029$714$486$327$153
32 years$1,393$974$666$447$296$134
33 years$1,336$922$622$411$268$118
34 years$1,283$874$581$378$242$103
35 years$1,232$829$543$348$219$91
36 years$1,185$787$508$321$199$80
37 years$1,140$747$476$295$180$70
38 years$1,098$710$445$272$163$61
39 years$1,058$675$417$251$148$54
40 years$1,020$643$391$232$134$47
41 years$984$612$367$214$122$42
42 years$950$582$344$197$111$37
43 years$917$555$323$182$100$32
44 years$886$529$303$168$91$28
45 years$857$504$284$155$83$25
46 years$829$481$267$143$75$22
47 years$802$459$251$132$68$19
48 years$776$438$236$122$62$17
49 years$752$419$222$113$56$15
50 years$728$400$208$105$51$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $746,000, adding $6,063 every year, while hoping to spend $32,517 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 49/32/19 Blend
64$746,000$746,000$746,000$746,000
65$828,346$788,808$777,245$864,251
66$878,239$792,862$768,685$893,814
67$932,132$796,024$758,748$922,104
68$990,398$798,218$747,354$952,146
69$1,053,447$799,359$734,419$984,118
70$1,121,731$799,360$719,855$1,018,217
71$1,195,746$798,127$703,569$1,054,661
72$1,276,039$795,562$685,464$1,093,692
73$1,363,208$791,558$665,441$1,135,580
74$1,457,914$786,003$643,392$1,180,624
75$1,560,884$778,780$619,209$1,229,152
76$1,672,916$769,762$592,774$1,281,533
77$1,794,889$758,816$563,967$1,338,172
78$1,927,771$745,801$532,663$1,399,520
79$2,072,625$730,566$498,729$1,466,075
80$2,230,623$712,955$462,027$1,538,389
81$2,403,055$692,798$422,413$1,617,075
82$2,591,339$669,918$379,736$1,702,809
83$2,797,039$644,126$333,840$1,796,342
84$3,021,873$615,225$284,560$1,898,502
85$3,267,736$583,002$231,725$2,010,209
86$3,536,712$547,236$175,154$2,132,478
87$3,831,097$507,692$114,663$2,266,433
88$4,153,419$464,119$50,054$2,413,317
89$4,506,462$416,254$0$2,574,507
90$4,893,291$363,821$0$2,755,351
91$5,317,282$306,524$0$2,964,779
92$5,782,154$244,053$0$3,194,536
93$6,292,003$176,080$0$3,446,723
94$6,851,338$102,259$0$3,723,660
95$7,465,127$22,223$0$4,027,905
96$8,138,845$0$0$4,362,283
97$8,878,518$0$0$4,752,596
98$9,690,788$0$0$5,189,894
99$10,582,969$0$0$5,670,301
100$11,563,119$0$0$6,198,168